Frequently Asked Questions Archive • Ash Street Law Office LLC

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Probably not. The lifetime estate and gift tax exemption, as of this writing, is $5.6 million for an individual and $11.2 million dollars for a married couple. That means only a very small percentage of people whose estates are worth more than the… Read More

What is the Difference Between a Living Will and a Living Trust?

A "living will" is a statement in writing that details your wishes regarding your medical treatment in circumstances in which you are no longer able to give informed consent to treatment. Officially, it is called a declaration to physicians, but i… Read More

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